Software Sundays: AI Drives Need for Data Control

研报英文原文证据摘录

Software Sundays: AI Drives Need for Data Control

Infrastructure & AI Software

EQUITY RESEARCH Industry Report

June 21, 2026

Companies mentioned

Ticker Price Rating Target

AVPT $10.41 Overweight $15.00

CRNC $10.77 Overweight $12.00

CVLT $130.03 Neutral $100.00

DDOG $223.00 Overweight $226.00

DOCN $173.27 Overweight $177.00

DOMO $2.42 Overweight $5.00

DT $41.42 Neutral $37.00

ESTC $58.97 Neutral $59.00

FIVN $19.40 Overweight $24.00

MDB $332.75 Overweight $416.00

MNDY $71.53 Overweight $95.00

MSFT $379.40 Overweight $502.00 Source: FactSet, Cantor

NET $224.06 Neutral $230.00

NICE $84.68 Neutral $104.00 We attended Databricks’ 2026 Data + AI Summit this week in San Francisco

NOW $95.04 Overweight $122.00 and reinforced the company’s vision of becoming the unified platform

ORCL $184.29 Overweight $284.00 for enterprise intelligence by expanding the Lakehouse beyond analytics

PLTR $128.47 Neutral $138.00 into real-time operations, core databases, AI, and business applications.

SNOW $232.29 Overweight $282.00 The company’s Investor Briefing on the 16th this past week continued

SOUN $7.12 Overweight $15.00 to highlight dynamic growth and scaling of the business as well as

TEAM $82.72 Overweight $107.00 highlighting the company’s vision for AI diffusion and how the Databricks

ZM $86.36 Neutral $104.00 platform aims to power it. Building on last year’s Lakebase launch,

Prices are as of 06/18/26. Databricks introduced LTAP (Lake Transactional/Analytical Processing) and

Research Analysts: Lakehouse//RT, extending the Lakehouse architecture into the operational

Thomas Blakey, CFA database and real-time analytics markets through a single governed copy

617-443-4487 of data that supports both OLTP and OLAP workloads while delivering Thomas.Blakey@cantor.com